Medindia

X

United Technologies Extends Medical Coverage Early For Employees' Dependent Children

Saturday, May 8, 2010 Health Insurance News J E 4
Advertisement


HARTFORD, Conn., May 7 United Technologies Corp. (NYSE: UTX) today announced it will allow employees to cover, under the UTC medical plan, their unmarried dependent children up to age 26 who are not eligible for group coverage elsewhere.

This health coverage, which UTC is making available months in advance of a federal requirement, will be provided at the same rates employees are paying today for dependent coverage, without surcharge.

College and high school students who are dependent children of UTC employees and who are already covered under UTC benefits programs will continue to be covered, even after graduation. Other dependent children not currently covered will be eligible for coverage beginning July 1, six months before a federal requirement under the new health care legislation.

"We think this is the right thing to do for our employees and it is consistent with our practices of providing our employees with very competitive benefits," said J. Thomas Bowler Jr., UTC Senior Vice President, Human Resources and Organization.

Other UTC benefits include the Employee Scholar Program, which pays tuition and expenses for employees who continue their education with approved educational institutions. Thus far, UTC has invested nearly $900 million on employees who have participated in the Employee Scholar Program.

Based in Hartford, Connecticut, UTC is a diversified company that provides high technology products and services to the aerospace and building industries worldwide. For more information, visit www.utc.com.

CONTACT: John Moran, UTC (860) 728-7062

SOURCE United Technologies Corp.
Advertisement


Advertisement

You May Also Like

Advertisement
View All

Post your Comments

Comments should be on the topic and should not be abusive. The editorial team reserves the right to review and moderate the comments posted on the site.
User Avatar
* Your comment can be maximum of 2500 characters
I agree to the terms and conditions
s
Multiple Chemical Sensitivities Are Real
S
New Path Marketing Named Top Healthcare Marketing ...